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it will be tax cuts. obama's premise that this country'country'scountry's firse fraudulent and he's fixing it, and they'll be etched in stone. tax cuts. >> the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united states from super power status. >> this president just won a big election and you would think that he would want to lead. >> we've had the election. the president was clear in the campaign that he was advocating and fighting for the middle income tax cuts. >> tax cuts. the whole premise of tax cuts is going to be blamed for all of this economic mess. >> this is a moment of truth. the clock is ticking, christmas it coming, the goose is getting fat. in many homes across america, it's a very, very lean time. >> the reports indicate that the
it will be tax cuts. obama's premise that this country'country'scountry's firse fraudulent and he's fixing it, and they'll be etched in stone. tax cuts. >> the president has given the republicans flexibility to come up with a credible, specific plan. what they offered in return was an empty letter. >> when it comes to fiscal cliff that's threat nick our economy and threatening jobs, the white house has wasted another week. >> tax cuts is what caused the fall of the united...
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if we do what president obama wants to do, it will only increase the gdp by 1.25%, having said that, it's just not about tax cuts, doug, it's more about cutting wasteful government spending. >> i was going to ask doug about that. doug, would you admit. since we have a democrat in the white house and also, the senate is democratically controlled. would you agree and how much is there of wasteful spending in washington? >> oh, there's a lot of wasteful spending, it's been around for before president obama was in office. and as i said before, he has, with the house republicans has already signed in law a trillion dollars in cut. and he'll do more. and i think that's encouraging and i think that shows he's willing to be plexable there, to angela's point which i agree with, a lot of what you're seeing is political theater. >> jamie: we're running out of time, doug. >> i agree. and that's true, but look, neither side wants to go over the cliff. politically it would be disastrous. >> for both sides. >> exactly, and for the president, he's the got an ambitious agenda next year, he wants to d
if we do what president obama wants to do, it will only increase the gdp by 1.25%, having said that, it's just not about tax cuts, doug, it's more about cutting wasteful government spending. >> i was going to ask doug about that. doug, would you admit. since we have a democrat in the white house and also, the senate is democratically controlled. would you agree and how much is there of wasteful spending in washington? >> oh, there's a lot of wasteful spending, it's been around for...
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that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not an authorization to go into as much does he want for five years or whatever. it is a set dollar amount. how much? lou: based on past five years of the bush administration, i can assure you that it wilbe a staggering figure. especially since we have a president who is inclined to spend like hell. i don't think there's any doubt about that. the president today is absolutely indulging in class warfare. >> i cannot ask folks who are middle-class seniors on medicare and young people who are trying to get student loans for college -- i can't ask them to sacrifice. and not ask anything of higher income folks. lou: what are your thoughts? >> i love the word ask her if is that this is a chervil contribution as opposed to money being taken forcibly. second, what's he asking anyone to sacrifice other
that is what we are talking about. >> what is broken is taxes and the dead and spending cuts. if the president were honest and in good faith, he wouldn't be needing with a roundtable. he would be up to capitol hill. as president is not serious. >> the other thing about the debt limit is not an authorization to go into as much does he want for five years or whatever. it is a set dollar amount. how much? lou: based on past five years of the bush administration, i can assure you that...
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the opposite of what obama said. they don't believe it. they want a western european style cradle to grave state. they want to make sure that they preserve it and they want to pay for it. the middle class is going to be nailed and they are going to blame republicans and they are going to have to go back to get more money. isn't it mostly true, taxing the rich, and you poll the whole electric. the middle income people believe they are going to be next. middle income say you are not going to get enough money there. they are going to hit me and there is going to be a carbon tax. president obama needs to expand the government. i wish the majority of the middle class saw it that way. more than half the country felt that his left wing agenda was it. it isn't eventually the middle class is going to get nailed. and the spin will be that republicans jacked up the economy so badly. >> i think that is where this is going. i think there could be a tax and maybe it can't get through congress. but i have never seen a time, i have seen polls on this. tax
the opposite of what obama said. they don't believe it. they want a western european style cradle to grave state. they want to make sure that they preserve it and they want to pay for it. the middle class is going to be nailed and they are going to blame republicans and they are going to have to go back to get more money. isn't it mostly true, taxing the rich, and you poll the whole electric. the middle income people believe they are going to be next. middle income say you are not going to get...
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Dec 6, 2012
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this look, obama recommended or proposed cutting the defense department and he was attacked viciously by republics. so, the idea that like he never suggest cuts is kind of absurd. >> bill: do you really think barack obama wants meaningful cuts in government? really? really? >> as much as republicans do. look, he got attacked all through the campaign for cutting medicare, right? so the people who claim that they want all these cuts, what do they do? they attack the president when he proposes cuts and they refuse to put anything specific on their proposal. what they sent back was just a number. >> bill: all right. okay. i got it. i got it. i got it. i'm just tired of this whole business. i think we should cut 10% across the board and then, you know, keep taxes the way they are and try to stimulate the economy by the private sector. plenty more ahead as the factor moves along this evening. >> i will tell diane. >> bill: charlie brown thrown under the bus by a church pastor in arkansas. how could this possibly happen in america? tell you what's going on. also, dennis miller having to deal
this look, obama recommended or proposed cutting the defense department and he was attacked viciously by republics. so, the idea that like he never suggest cuts is kind of absurd. >> bill: do you really think barack obama wants meaningful cuts in government? really? really? >> as much as republicans do. look, he got attacked all through the campaign for cutting medicare, right? so the people who claim that they want all these cuts, what do they do? they attack the president when he...
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>> i am fine with cutting spending levels. [talking over each other] [talking over each other] megyn: great job. coming up, bob costas offers verification on his talk about gun culture after a murder suicide of a nfl player. and police traffic cameras. red light cameras in one city are the subject of a major class-action. why drivers claimed the cameras keeping neighborhoods if they are big methods of bringing in cash megyn: sportscaster bob costas offering clarification for his on-air comments about the nfl player who shot his girlfriend and then killed himself last weekend. those comments were made during the eagles and cowboys football game on sunday night. he blamed what he called america's gun culture for america's case of gun violence. here's a little from the comments on sunday night the matter tandems do not enhance our safety. they exacerbate our flaws. they beat us into embracing confrontation rather than avoiding it. in coming days, javon pilcher's actions and attention to football will be analyzed. who knows, but h
>> i am fine with cutting spending levels. [talking over each other] [talking over each other] megyn: great job. coming up, bob costas offers verification on his talk about gun culture after a murder suicide of a nfl player. and police traffic cameras. red light cameras in one city are the subject of a major class-action. why drivers claimed the cameras keeping neighborhoods if they are big methods of bringing in cash megyn: sportscaster bob costas offering clarification for his on-air...
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today president obama wants to let the bush era tax cuts expire for the wealthy americans only kicking up their marginal federal tax rate from a 35% bracket to 39.6%. we are talking about a 4.6% uptick for households making more than $250,000 a year only on every dollar they make above $250,000. that's why it's a marginal tax rake, only on the money you make on the margin. stephen moore is here from the wall street journal and he's ready to jump out of his skin after i said that. he specializes in telling me why i'm wrong. and our other guest, david johnston wrote "the fine print." stephen, you are our resident anti-tax crusader. i totally agree every penny counts when it comes to your own money. when you compare the taxes most americans paid in past decades i don't get why republicans are screaming bloody murder about this. what would be so bad with the wealthiest among us chipping in a little bit more? i'm emphasizing just a little bit more. >> when you showed that chart of the tax rates that was exactly accurate. we had 70% tax rates in the '70s. that didn't turn out well. then we c
today president obama wants to let the bush era tax cuts expire for the wealthy americans only kicking up their marginal federal tax rate from a 35% bracket to 39.6%. we are talking about a 4.6% uptick for households making more than $250,000 a year only on every dollar they make above $250,000. that's why it's a marginal tax rake, only on the money you make on the margin. stephen moore is here from the wall street journal and he's ready to jump out of his skin after i said that. he specializes...
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president obama taking his message of middle class tax cuts back on the road. he will visit a engine plant in detroit tomorrow. it will pull him into michigan's right to work legislation that limits union ability to organize workers. have you ever fallen asleep by watching tv only to be blasted away by a loud add? >> wow, that's a low price! >> starting thursday, the commercial advertisement loudness mitigation act goes into effect. the law which congress passed in 2010 bans adds from being louder than the tv program they're interrupting. we'll talk about that presidential trip to michigan, and what he'll say about the union showdown there. with the spark cash card from capital one, olaf's pizza palace gets the most rewards of any small business credit card! pizza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited re
president obama taking his message of middle class tax cuts back on the road. he will visit a engine plant in detroit tomorrow. it will pull him into michigan's right to work legislation that limits union ability to organize workers. have you ever fallen asleep by watching tv only to be blasted away by a loud add? >> wow, that's a low price! >> starting thursday, the commercial advertisement loudness mitigation act goes into effect. the law which congress passed in 2010 bans adds...
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president obama agreed -- >> isn't that what they just did? >> no. the bottom line is democrats, led by our president almost uniformly say here's our first 1.2 trillion of getting to the 4 trillion. revenues. it's up to the republican leadership prodded correctly and boldly by senator corker and others to say they'll go along with this and then we'll negotiating on the other side. it makes no sense to negotiate against ourselves? do you buy that, senator corker? >> look, chris. we have to have a $4.4 trillion solution. i know senator schumer, i've talked with him numbers of times. he knows what we need to do and most republicans and democrats do. i think it's time for the president, he knows that there's a growing body of folks willing to look at the rate on the top 2% but that's only -- could be $400 billion, it made be 800 billion-dollar and many of us are beginning to see we could end up with a lesser revenue increase by agreeing to that. the shift in focus and entitlements is where we go. it's a shame we're not sitting down and solving this but r
president obama agreed -- >> isn't that what they just did? >> no. the bottom line is democrats, led by our president almost uniformly say here's our first 1.2 trillion of getting to the 4 trillion. revenues. it's up to the republican leadership prodded correctly and boldly by senator corker and others to say they'll go along with this and then we'll negotiating on the other side. it makes no sense to negotiate against ourselves? do you buy that, senator corker? >> look,...
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Dec 7, 2012
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president obama doesn't want to talk about spending cuts. congressman aaron schaak is on the house, ways and means committee. good evening, sir. >> good evening. >> what about the spending cuts? >> the president made is very clear during his campaign he wanted a balanced approach. he talked repeatedly about raising taxes on the wealthy. he continues to talk about raising tax on the well think. >> the tax rate. >> right, the tax rates on the well think and beyond raising taxes on the well think, tax rates on the well think, he said he wanted a balanced approach etch said during the campaign he wanted $2.50 in cuts for every $1.50 in revenue. yet you saw the only proposal come from him sense the election was four dollars in revenue for one dollar in cuts. it was $1.6 trillion in revenue and $400 trillion in cuts and $300 trillion in additional stimulus spending in addition to that. but completely the opposite in cracks to his own campaign pledge. what we've been trying to do, greta, is hold his feet to the fire and say speaker bain wares clear
president obama doesn't want to talk about spending cuts. congressman aaron schaak is on the house, ways and means committee. good evening, sir. >> good evening. >> what about the spending cuts? >> the president made is very clear during his campaign he wanted a balanced approach. he talked repeatedly about raising taxes on the wealthy. he continues to talk about raising tax on the well think. >> the tax rate. >> right, the tax rates on the well think and beyond...
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can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. often comes with a set of equally impressive instructions ? shouldn't something that's truly advanced, not need much explanation at all ? with the nokia lumia 822 on verizon, there's not much to learn because it's powered by windows...
can obama sell cuts in entitlements to his senate? >> dana: not acarding to harry reid. >> eric: leave it there. we'll stay on it. don't go away. more on developing news washington, including ambassador susan rice. we'll get on that when we come back. ♪ ♪ ♪ [ male announcer ] this is karen and jeremiah. they don't know it yet, but they're gonna fall in love, get married, have a couple of kids, children laughing ] move to the country, d live a long, happy life together where...
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president obama remains insistent th republicans yields to his ultimatum that he be allowed to raise taxes on those making more than $250,000 a year. republicans for their part insist that the president gets serious about cutting spending in order to reduce trillion dollar deficits and a national debt that is now mind-boggling league not -- monotonous. house minority leader disagrees vehemently with the speaker on how to reduce deficits and debt. today she offered a paradoxical statement on fiscal policy that would make both casey stiegel and yogi berra proud. the nation now just 24 days away from $600 billion of spending cuts and tax increases that will automatically kicked in. and pelosi has some wise words for washington. please listen terror. >> this is a moment of truth. the clock is ticking. christmas is coming. the goose is getng fat. in many homes across america it is very, very lean times. you cannot cut your way to deficit reduction. lou: tha's right. pelosi says we cannot get our way to deficit reduction. listen to the top democrat in the house of representatives, the form
president obama remains insistent th republicans yields to his ultimatum that he be allowed to raise taxes on those making more than $250,000 a year. republicans for their part insist that the president gets serious about cutting spending in order to reduce trillion dollar deficits and a national debt that is now mind-boggling league not -- monotonous. house minority leader disagrees vehemently with the speaker on how to reduce deficits and debt. today she offered a paradoxical statement on...
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send spending cuts dpin. >>> a cloud of political uncertainty hanging over venezuela. hugo chavez is traveling to cuba for surgery for a third time. this time he named the vice president to replace him in case something was to happen to them. earlier parliament votes unanimously to give him permission leave the country. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shoot-out with the man that reportedly opened fire earlier on several people, three of whom died. his two young daughters were wounded, and police chased the suspect and said he shot at them, too. >>> the national menorah in front of the white house, illuminated tonight, marking the start of hanukkah. of course, no hanukkah celebration would be complete without a spinning draddel. >> the big event at the nation's capital, president obama will be inaugurated for a second term and that means plenty of turnover among his top advisoriers. emily schmitt has a look at the upcoming cabinet. >> this is a wonderful opportunity
send spending cuts dpin. >>> a cloud of political uncertainty hanging over venezuela. hugo chavez is traveling to cuba for surgery for a third time. this time he named the vice president to replace him in case something was to happen to them. earlier parliament votes unanimously to give him permission leave the country. >>> a man who shot three people to death on an indian reservation in california has been killed. police near fresno were involved in the shoot-out with the man...
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obama wants to cut $500 billion out of medicare. not true. a lot of his key arguments, and, of course, the jeep ad at the end. >> the one that offends me the most is the apology tour. it's foundational. he's putting that down in the ground. and i want to get joan in here. he puts that down and says sort of his takeoff platform. he's apologizing but i'll be a robust patriot. i'll defend america against anything foe or friend because i'm a real american. and this guy because he recognizes we live in a world of other countries that are decent countries. they're not all the enemy out there. this right wing attitude it's just us or just us and israel against all these evil third world people and they're just crazy about that. it's so dangerous. >> to finish this point for one second. the thing is -- and this is what ornstein was saying too. that his campaign was based on a lot of major big sweeping lies. now, you can look at obama and point out that he made a mistake, misrepresented obama's policy in this way and that way. but that the overall cas
obama wants to cut $500 billion out of medicare. not true. a lot of his key arguments, and, of course, the jeep ad at the end. >> the one that offends me the most is the apology tour. it's foundational. he's putting that down in the ground. and i want to get joan in here. he puts that down and says sort of his takeoff platform. he's apologizing but i'll be a robust patriot. i'll defend america against anything foe or friend because i'm a real american. and this guy because he recognizes...
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the thing that a lot of people worry about in private is him and obama will cut a deal in late december negotiations. but boehner has been making tough moves with conservatives in his own caucus, kicking them off committees. when it comes down to it he's going to agree to something with the president and it is not going to be able to pass his own conference. do you have any sense of what you think he's able to do and not do at this point? >> we come back again to the entitlement question. it's going to be easier for the house republican caucus to swallow some marginal tax rate increase and a debt limit increase especially if they have got something to show for it. and the irony here, on a whole variety of issue, the democrats should actually be in favor of certain kinds of progressive entitlement reforms. it's not actually that big of a give. on social security, as an example, democrats have won for the time being on privatization being completely off the table. there's a strong argument for trying to lock that in now as opposed to waiting and having that potentially come back. in addit
the thing that a lot of people worry about in private is him and obama will cut a deal in late december negotiations. but boehner has been making tough moves with conservatives in his own caucus, kicking them off committees. when it comes down to it he's going to agree to something with the president and it is not going to be able to pass his own conference. do you have any sense of what you think he's able to do and not do at this point? >> we come back again to the entitlement question....
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on the first $250,000 of their income. >> well, what if the obama administration lets it happen? what happens to the average american family. joining us here, is congressman randy forbes, nice to have you on the show. >> thank you, governor. >> let me ask you something, do you feel that the president actually wants it to happen so it gives him some political advantage? >> well, governor, i just have to judge that by two things, first of all, what i'm hearing from my colleagues on the democratic leadership side and told me as late as last week, they wanted to go over the fiscal cliff because we've argued all along they'll start by simply taxing everybody above 200,000, but that will continue and this'll lower at that rate and limit and they told me they'd vote for everything that tax everybody above $150,000 and secondly you look at the president as actions. the president doesn't want an agreement or compromise, he wants to get his way and that's why he won't come to the table with any serious proposal and talk, because we could get a solution that everybody could live with. >> it
on the first $250,000 of their income. >> well, what if the obama administration lets it happen? what happens to the average american family. joining us here, is congressman randy forbes, nice to have you on the show. >> thank you, governor. >> let me ask you something, do you feel that the president actually wants it to happen so it gives him some political advantage? >> well, governor, i just have to judge that by two things, first of all, what i'm hearing from my...
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boehner has yet to sit down with president obama or treasury secretary geithner. boehner said he would accept new revenue but the president insists there's no deal without higher tax rates on the wealthy. in his radio address yesterday he said he's willing to work with republicans to hammer out a plan he says would give both sides some of what they want. meantime, of course, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation in washington regarding the fiscal cliff is focused on tax rates or how the federal government can bring in more revenue from you. what about the other side of the equation? cutting back on spending and borrowing. steve moore joins us to talk about that and separate fact from fiction when it comes to the numbers. >> thank you for asking that question about the spending side of the ledger. the laos two or three weeks the discussion has been about raising taxes and no discussion about reducing the amount -- the outgo. >> let's start there. if we stopped overspending, what would it take for th
boehner has yet to sit down with president obama or treasury secretary geithner. boehner said he would accept new revenue but the president insists there's no deal without higher tax rates on the wealthy. in his radio address yesterday he said he's willing to work with republicans to hammer out a plan he says would give both sides some of what they want. meantime, of course, the clock is ticking. >> it is, we're watching, steve. thank you very much. >>> much of the conversation...
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obama cut medicare by $716 billion, which the democrats call savings. >> get back to medicare. and lengthen the strength for at least a decade. as well as increasing benefits now. we have addressed entitlements. >> the trust fund for the hospital cost runs out of official money in 20424 so it has to be changed to be saved. bret? >> more on that in a series next week. jim, thank you. still ahead could this be the next penn state? the head of a huge fraternal organization is accused of child sexual assault. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a fo
obama cut medicare by $716 billion, which the democrats call savings. >> get back to medicare. and lengthen the strength for at least a decade. as well as increasing benefits now. we have addressed entitlements. >> the trust fund for the hospital cost runs out of official money in 20424 so it has to be changed to be saved. bret? >> more on that in a series next week. jim, thank you. still ahead could this be the next penn state? the head of a huge fraternal organization is...
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racheting up the rhetoric. >> we can and should do more than just extend middle class tax cuts. and i stand ready to work with republicans or a plan that spurs economic growth, creates jobs and reduces our deficit. a plan that gives both sides some of what they want. >> tax increases will not solve our $16 trillion debt. only economic growth and a reform of entitlement programs will help control the debt. we must reform our complicated, uncertain job-killing tax code by getting rid of unjustifi loo holls. >> molly ball and david nakamura. thanks for joining me. >> good to be here. >> david so house speaker john boehner says there's no progress to report. the white house says republicans are to blame for dragging their feet. it seems at least publicly we're getting nowhere. is there anything bigger churning behind the scenes? >> alex, i wish i had good news for you. there's not much going on. certainly at the staff level there's still talks going on. the president did have an onization with john boehner. both sides publicly at least are blaming the others for delaying here. i thi
racheting up the rhetoric. >> we can and should do more than just extend middle class tax cuts. and i stand ready to work with republicans or a plan that spurs economic growth, creates jobs and reduces our deficit. a plan that gives both sides some of what they want. >> tax increases will not solve our $16 trillion debt. only economic growth and a reform of entitlement programs will help control the debt. we must reform our complicated, uncertain job-killing tax code by getting rid...
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speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of republican leaders. mike, we're hearing frustration from republicans but the breaking news, 5:00 p.m. east coast time these two getting together again. >> this is critical a 5:00 meeting at the white house between the president and speaker, the two key figures in trying to hammer out a deal. the republicans were trying to make the point spending is the nature of the government's problem, not tax revenue. they prepared a chart showing spending is expected to increase from now to 2041 while tax revenue is expected to hold consistent. so at one point today the speaker of the house sounded like he was kind of tired of answering hypothetical questions. >> ifs and and and butts are like candy and nuts. if that's the case, every day would be christmas. my goal is to get to an agr
speaker boehner says president obama wants tax increases but is resistant to spending cuts. the president is optimistic about a deal but acknowledges it's a work in progress. in public opinion, a poll from the pew research center 55% say the president is making a serious effort to reach a agreement. 32% of republican leaders. mike, we're hearing frustration from republicans but the breaking news, 5:00 p.m. east coast time these two getting together again. >> this is critical a 5:00...
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if the mission is not a success, if obama had cut back and never speaks about this, this is never in consciousness of the nation there has never been war in our history where a president speaks less about and garners less support of behalf of real, on going operation where americans are dying. if that is our mission, which is minimal, getting out, why are the brave soldiers dying? >> bret: juan? >> i don't think it's the democrats that are not talking about the war. go to republican convention. the nominee didn't talk about afghanistan. i think real issue here is what can the united states rationally expect to accomplish before leaving. we have been there ten years and now the white of our tails show as we run away. we have been there. it's cost us lives and cost us another life. you can see that a good american doctor was there trying to help in terms of the rural clinic. no shortal of american commitment to afghanistan. the problem is not only americans but people who come before tried to stay and we have seen results. there is no way that any foreign force is going to set the futu
if the mission is not a success, if obama had cut back and never speaks about this, this is never in consciousness of the nation there has never been war in our history where a president speaks less about and garners less support of behalf of real, on going operation where americans are dying. if that is our mission, which is minimal, getting out, why are the brave soldiers dying? >> bret: juan? >> i don't think it's the democrats that are not talking about the war. go to republican...
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Dec 6, 2012
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conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the hatchet to medicare. >> the biggest, coldest power play of all in obama care came at the expense of the elderly. $716 billion, funneled out of medicare by president obama >> my plan's already extended medicare by nearly a decade. their plan ends medicare as we know it. >> on medicare, for current retirees, he's cutting is $716 billion from the program. i can't understand how you can cut medicare $716 billion for current recipients of medicare. >> look, these guys haven't been big on medicare from the beginning. their party's not big on medicare from the beginning. folks, use your common sense. who do you trust on this? >> so, now, of course, given all the campaign rhetoric coming from both sides, we are on the other side of an election that proved that there is a bipartisan consensus, that it is bad to be the kind of p
conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the hatchet to medicare. >> the biggest, coldest power play of all in obama care came at the expense of the elderly. $716 billion, funneled out of medicare by president obama >> my plan's already extended...
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Dec 13, 2012
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there might be a slight difference here, you think back to the debt ceiling in the summer of 2011, obama put some social security, put some medicare, put some medicare stuff on the table t looked like in if boehner said grow that going to have support from pelosi you never know for sure, we can get to that point. i think talking to a number of democrats in washington, i get the sense that liberals in congress look at the situation right now a little differently. in the summer of 2011, they were up against a debt default. now up against this january 1st deadline if they say no to a deal, tax rates go up, social security and medicare don't get touched. they maybe have a little more leverage here than we appreciated? >> they do. and it is i think what one part of this where the republicans don't appreciate sort of the bokts president could potentially be in.box the president could potentially be in. he can't author them. the same way boehner is signalling to the president, don't make me say i'm for raising tax rates. if your going to wait for that, you're going to wait -- some point, maybe
there might be a slight difference here, you think back to the debt ceiling in the summer of 2011, obama put some social security, put some medicare, put some medicare stuff on the table t looked like in if boehner said grow that going to have support from pelosi you never know for sure, we can get to that point. i think talking to a number of democrats in washington, i get the sense that liberals in congress look at the situation right now a little differently. in the summer of 2011, they were...
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Dec 8, 2012
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let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction in and of itself is not the goal here. the reason to get our fiscal house in order and the reason to pass a deficit reduction package that's balanced and allows for economic growth and job creation is to put our economy on a sustainable fiscal path. which again, in itself produces positive economic benefits and growth and jobs. >> eric: that's ridiculous, what that man just said, the reason for the discussions is not to cut the deficit, it's to put our economy on a path to fiscal growth and create jobs. the only way to do it is to stop the out of control debt. you're going to bury our kids and grandkids with debt. >> ainsley: b
let president obama, let him have two recessions on two terms, that's the only way that they'll cut a time of spending if they're forced to do it. >> you mentioned the number, 5-8 billion dollars, new congress militia numbers out. 4.8 billion dollars a day so far, now, this is for not this year, this is for fiscal year 2013 which began in october. carney, the white house press spokesperson says a number of things about this, take a listen. >> the debt reduction in and of itself is...
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Dec 9, 2012
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my view and senator corker's views are different but we will have to find spending cuts. >> heather: brad blakeman is assistant to george w. bush and joe seos peculiar is a former congressman. i want to go to the meeting between obama and boehner, what do you think the significance is and what do you think happened. congressman secretary peculiar i will begin with you? >> i believe -- congressman sespek we'll begin with. >> you we know we need $3 trillion in addition to the $1 trillion you just listed. we know that we have to have about $1.4 trillion. more boehner has proposed that in tax reform. it kind of looks like that raising taxes on the wealthy. that means the president which has laid down a substantive plan has to address spending cuts. we need about two dollars in spending cuts for every dollar in tax increases and it has to include entitlement reform. he has talked about different index inflation for social security and raising the age of medicare. that is the grand bargain that we need to do so we stop the negotiation and come to the principle compromise so we have a susta
my view and senator corker's views are different but we will have to find spending cuts. >> heather: brad blakeman is assistant to george w. bush and joe seos peculiar is a former congressman. i want to go to the meeting between obama and boehner, what do you think the significance is and what do you think happened. congressman secretary peculiar i will begin with you? >> i believe -- congressman sespek we'll begin with. >> you we know we need $3 trillion in addition to the $1...
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Dec 8, 2012
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president obama continues his pressure campaign to pass the middle class tax cuts. the president is also taking time to be festive this holiday season. meantime, john boehner doesn't sound so merry. >> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> the house speaker had nothing of substance to say about this week's phone conversation with the president. >> the phone call was pleasant, but was just more of the same. the conversations that the staff had yesterday, just more of the same. it's time for the president if he's serious to come back to us with a counteroffer. >> boehner says the president is not being a helpful negotiator, even though the president apparently designed the negotiating sessions at boehner's request. according to "the new york times," boehner insisted the talks include only himself and the president of the united states. boehner wanted senate democrats and nancy pelosi out of the discussi
president obama continues his pressure campaign to pass the middle class tax cuts. the president is also taking time to be festive this holiday season. meantime, john boehner doesn't sound so merry. >> well, this isn't a progress report because there's no progress to report. when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> the house speaker had nothing of substance to say about this week's phone...
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Dec 13, 2012
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the latest is that president obama is troubled by speaker boehner's suggestion that tax cuts to the wealthy should be permanent while speaker boehner says the president moved the goal post and wants too much in revenue. something we don't hear about is public opinion. most registered voters 57 percent feel the best way to deal with the budget problems is with cuts in spending. 20 percent think tax increases are a better solution and a little less 18 percent favor a balanced approach of cuts and tax hikes. and when asked if raising taxes on the wealthy is enough to solve the country's budget problems, 33 percent of registered voters said yes. but man fee more, 61 percent said spending cuts are necessary as well. this comes as three quarters of registered voters say all americans every single person should be kwierped to pay some amount of federal income tax so they are invested in the system. 77 percent he is think that's a good idea, 20 percent do not. if they do rise most registered voters 53 percent say president obama will try to use that money to fund more spending. the alternative to d
the latest is that president obama is troubled by speaker boehner's suggestion that tax cuts to the wealthy should be permanent while speaker boehner says the president moved the goal post and wants too much in revenue. something we don't hear about is public opinion. most registered voters 57 percent feel the best way to deal with the budget problems is with cuts in spending. 20 percent think tax increases are a better solution and a little less 18 percent favor a balanced approach of cuts and...
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Dec 7, 2012
12/12
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that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax cut, the unemployment insurance, the sequester, all that, that would still be expiring. so come early next year, the economy would likely be entering an austerity-induced recession. markets would be convulsing as they realize our austerity crisis is about to become also a default crisis. and so the economy, as a whole, is going to be going nuts. poll after poll already shows republicans are receiving more blame for the potential failure of the debt talks. and after telling the press they're going to make a strategic decision to use a debt ceiling as more and more dangerous leverage, they're lik
that would let president obama pocket $1 trillion in tax revenue and secure a win on his key priority in the talks. but they would do nothing else. at the end of the year, we would still go over the fiscal cliff. remember, the bush tax cuts are one of the at least stimulative policies in the negotiations. according to the economic policy institute, extending the middle class tax cuts would wipe out only about 11% of the austerity's economic impact. 11%. but all that other stuff, the payroll tax...